Shares of Kirkland Lake Gold Inc. (TSE:KGI) have been assigned a consensus rating of “Buy” from the eight ratings firms that are presently covering the firm. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$12.10.
Several research firms recently weighed in on KGI. Scotiabank decreased their price target on Kirkland Lake Gold from C$14.25 to C$14.00 and set an “outperform” rating on the stock in a report on Thursday, August 11th. M Partners restated a “buy” rating on shares of Kirkland Lake Gold in a report on Monday, July 18th. CIBC increased their target price on Kirkland Lake Gold from C$12.50 to C$13.00 in a research note on Friday, July 15th. Finally, National Bank Financial increased their target price on Kirkland Lake Gold from C$13.50 to C$14.50 in a research note on Wednesday, July 13th.